Market cap
$135.83K
1.48 %
Volume (24h)
$181.68
1.48 %
Circulating supply
151,668,642 ALPACA
Total supply
151,668,642 ALPACA
Max. supply
188,000,000 ALPACA
Alpaca Finance (ALPACA)
$ 0.00
1.48 %
Main info
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Key data
updated $0Market cap$135.83K
Volume 24h$181.68
Circulating supply151.67M81% of max 188M
All-time high$8.78-100% from peak · 2021-03-05
Alpaca Finance (ALPACA) is a DeFi project built around leveraged yield farming — the idea that you can borrow funds to amplify your positions in liquidity pools. The ALPACA token is the platform's native coin, used for governance and staking rewards within its ecosystem. In plain terms, it's a tool for people who want more exposure to farming strategies than their own capital would allow.
Frequently asked questions
What is Alpaca Finance and how is it different from other DeFi projects?
Alpaca Finance is a lending protocol focused on leveraged yield farming: users borrow assets to open larger farming positions than they could with their own funds alone. Unlike simple lending platforms, it bundles borrowing, automated farming and liquidation protection into one workflow. The ALPACA token ties it all together through governance and staking.
How does Alpaca Finance work technically?
The protocol runs on BNB Chain (and later expanded to other networks), using smart contracts to automate lending, borrowing and farming positions. When a position becomes undercollateralized, the contracts automatically liquidate it to protect lenders. No intermediaries are involved — everything is executed by code on the blockchain.
How is ALPACA token emission structured?
ALPACA has a hard cap of 188,000,000 coins, meaning no more tokens can ever be minted beyond that limit. Tokens were distributed through liquidity mining rewards, team allocation and community incentives over time. The fixed supply is designed to prevent endless inflation of the token.
How can you store and use ALPACA tokens?
Since ALPACA is a network token, it can be stored in any wallet that supports its chain, such as MetaMask or Trust Wallet. On the platform itself, you can stake ALPACA to earn a share of protocol fees or use it in governance votes. It can also be freely traded on decentralized and centralized exchanges that list it.